TL;DR
Full Story
“It’s exhausting to get folks to pay for one thing they’re used to getting without cost”— MKBHD, 2023 AD.
This has been considered one of web3 gaming’s greatest sticking factors.
Positive, we’re used to paying for video games — however not each time we gather an in-game NFT-based merchandise, and undoubtedly not on a sliding scale of price…
Trigger (ICYMI), within the final bull run (when NFTs first reared their head), a lot of the buying and selling exercise was happening on the Ethereum community. Which, on the time, was seeing transaction charges starting from $10, to $7k — to as excessive as $44k.
(Significantly).
However with the appearance of low-cost Ethereum layer 2 chains and now good wallets — the associated fee is so low that gaming corporations will in a position to subsidize any transaction prices.
Which suggests gamers will now have the ability to:
Gather gadgets without cost
Promote them within the in-game market (benefiting from a recreation they love)
Whereas recreation makers can take royalty cuts from {the marketplace}’s gross sales (producing a brand new type of recurring income)
The takeaway:
Nobody is as bullish on good wallets as they need to be.